Oireachtas Joint and Select Committees

Thursday, 22 September 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Horse Racing Ireland: Financial Statements 2020

9:30 am

Mr. Martin Blake:

The issue is that it is a private company. It was an investment by a State body in a private company. That is the way it was set up. It was a third investment in the context of the cost at the outset.